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Economic theorists have seldom discussed the social structures behind markets, even though market trading relies heavily on seller/buyer roles and personal relations among traders. This paper considers the structural basis of markets and proposes a layered approach which accommodates a wide...
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gain from doing so. Again, rivalry contributes to the phenomenon: a supplier who buys out the maverick would fall behind …
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gratuitousness inherent in information. On the other hand, the offer strategy of information goods uses potential factors of …
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